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BearingPoint awarded USAID contract to assist global business, trade and investment in developing countries.
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| Consulting-Times E-zine
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BearingPoint wins part of $3 billion USAID contract
BearingPoint is one of six large business contractors awarded a contract with the United States Agency for International Development to assist in the goal of reducing poverty and promoting economic growth and prosperity in developing and transition countries. The Global, Business, Trade and Investment in Developing Countries (GBTI II) contract has a value of up to $3 billion over its planned 2007-2012 implementation period.
USAID’s primary program objectives for GBTI II focus on devising and implementing robust strategies to promote real economic growth, reduce poverty, graduate transitional countries from aid to trade, promote open competitive markets, develop the private sector, and mobilize private financing sources to supplement and eventually replace development assistance. Under GBTI II, BearingPoint is expected to provide a full range of services to USAID Missions throughout the world and to USAID’s headquarters in Washington, D.C., in substantially all major areas of business, trade, and investment development and reform.
Under the competitively awarded indefinite quantity contract, BearingPoint will be one of six large contractors and three small businesses that will compete for individual contract requests from USAID Missions around the globe to help further America's foreign policy interests in expanding democracy and free markets while improving the lives of the citizens of the developing world.
This new contract complements BearingPoint’s 15 year history in providing a full range of economic governance, training, management, and technology consulting services to developed and developing economies, including projects in Bosnia-Herzegovina, Cyprus, Egypt, Kosovo, Montenegro and Poland.
The US Agency for International Development has provided economic and humanitarian assistance worldwide for more than 40 years.
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